The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) aims for three times its semiconductor index's move for a single day only. Below are its chart, data and how the leverage works.
Bybit SOXLUSDT perpetual (a derivative tracking the ETF; not the exchange share price)
US market session: checking…Price as of · streams live while this page is open
Latest price read: 16 Oct 2026, 16:55 ISTBybit SOXLUSDT perpetual closes, each converted at its day's Tether price and ECB USD/INR reference rate.
These figures are for Bybit's SOXLUSDT perpetual, which tracks Direxion SOXL's ETF. Company or fund figures such as market cap, earnings and NAV are not shown because this page has no licensed feed for them.
Source: Bybit SOXLUSDT perpetual, read 16 Oct 2026, 16:55 IST. USDT converted to USD at Tether's price on CoinGecko (0.9992, 16 Oct 2026, 16:55 IST), then to INR at the European Central Bank's USD/INR reference rate (95.0600, for 15 Oct 2026; the ECB publishes on TARGET business days only).
| Period | Price then (INR) | Change to now |
|---|---|---|
| 24 hours ago | ₹9,605.72 | +2.67% |
| 7 days ago | ₹13,264 | -25.64% |
| 30 days ago | ₹10,228 | -3.58% |
| 1 year ago | Not enough history | Not enough data |
| Date (UTC close) | Close (INR) | Day change |
|---|---|---|
| 16 Oct 2026 | ₹9,862.17 | -0.82% |
| 15 Oct 2026 | ₹9,943.86 | +0.84% |
| 14 Oct 2026 | ₹9,861.22 | -18.81% |
| 13 Oct 2026 | ₹12,146 | +1.77% |
| 12 Oct 2026 | ₹11,934 | -11.66% |
| 11 Oct 2026 | ₹13,509 | +1.25% |
| 10 Oct 2026 | ₹13,342 | +0.59% |
Daily closes from Bybit SOXLUSDT perpetual (00:00 UTC, 05:30 IST). Past prices are shown at today's conversion rate in these two tables; the chart above converts each point at its own day's rate. Past performance does not indicate future results.
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is a leveraged exchange-traded fund. It seeks daily investment results, before fees and expenses, of 300% of the daily performance of a US semiconductor index named in its prospectus. If the index rises 1% in a day, SOXL aims to rise about 3% that day, and the same on the way down.
SOXL is run by Direxion, a manager that specialises in leveraged and inverse ETFs. It launched in March 2010 and is listed on NYSE Arca. Direxion's documents name the current benchmark and fees; check them before relying on any figure.
The fund gets most of its leverage from swap agreements with banks, alongside the index stocks and other funds. Each day it adjusts its exposure so that the next day's move is again about three times the index's.
Because exposure is reset every day, gains and losses compound from a new base. After a rise, the fund holds more exposure; after a fall, less. That is what keeps the daily target, and what makes longer-term results drift from three times the index.
Over more than one day, SOXL's return is the product of its daily returns, not three times the index's total. In a steady trend that can help; in a choppy market it erodes value. If the index falls 10% one day and rises 11.1% the next, it is back where it started — but a 3x fund falls 30% and then rises 33.3%, ending about 6.7% down.
Leveraged ETFs charge higher fees than plain index funds and pay financing costs through their swaps. Direxion itself states the fund is meant for short-term use by investors who watch their positions closely. A large one-day fall in the index can wipe out most of the fund's value.
On Bybit, SOXL is a USDT-settled perpetual futures contract (SOXLUSDT) whose price follows the Direxion SOXL ETF's shares. It is a derivative: holding it, or an option on it, gives no share, vote or dividend, and its price can differ from the exchange's share price, especially when the US market is closed.
Gravitas does not sell SOXL shares. It lets you trade options on Bybit's SOXL contract from your own exchange account, with the payoff and the most you can lose shown first. Because the fund resets its leverage daily, longer expiries carry more of the compounding risk described above.
Say which way SOXL goes and by when, and get a ready-made trade with the risk fixed.
How Easy Options worksPut a small stake on a big SOXL move today. The stake is the most you can lose.
How Hero Zero worksName where SOXL ends on a date, and pick from trades built around that target.
How Expiry Trading worksChoose your own SOXL strikes and legs, and see the payoff before you commit.
How Strategy Builder worksFollow a strategy and it places the trades on your account for you.
How Copy Trading worksGravitas connects to your exchange account through the exchange's own sign-in and never holds your funds. Trades settle in USDT on that account. Options can expire worthless; the most you can lose is shown before every trade.
Estimate what any amount of SOXL is worth in rupees, dollars or USDT, or the reverse. For tables and history, open the SOXL converter for each currency.
1 SOXL = ₹9,862.17 · ₹1 = 0.0001 SOXL · reference estimate, excluding fees and spread
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A US semiconductor index named in Direxion's prospectus, at three times its daily move. SOXL is not designed to track three times the index over any period longer than one day.
Yes. It seeks 300% of its index's daily performance, before fees and expenses, and resets that leverage every day.
Because the leverage resets daily, returns compound from a new base each day. In choppy markets that erodes value even if the index ends flat, and a sharp fall in the chip sector is magnified three times. Direxion describes the fund as intended for short-term use.
No. Over a month, SOXL's return is the product of its daily returns and can be much more or much less than three times the index's monthly move — and in a volatile, sideways month it can lose money while the index is flat.
From Bybit's SOXLUSDT perpetual: the last price of a contract that tracks the Direxion SOXL ETF, streamed live. It is not the ETF's NYSE Arca price or its NAV.
Gravitas does not sell ETF shares. It lets you trade options on Bybit's SOXL contract from your own connected exchange account, with the most you can lose shown first. Options on a 3x fund are especially volatile.
Trade Direxion SOXL options in 4 steps
Gravitas offers options on these markets, placed on your own exchange account; it does not sell the shares themselves. Options trading involves risk and may not be suitable for everyone. Nothing on this page is financial advice.
Disclaimer
Prices and conversions on this page are indicative reference values, not quotes or offers: they exclude fees, spreads and taxes, may be delayed, and a trade can fill at a different price. Stock and ETF prices are Bybit perpetual contracts that track the shares, not exchange share prices, and no product on Gravitas gives ownership of a share or a dividend. Crypto asset and tokenised stock prices are subject to high market risk and price volatility. You should only trade products you are familiar with and whose risks you understand. Nothing on this page is an endorsement by Gravitas of any asset, or of the reliability or accuracy of third-party content. Consider your experience, financial situation, objectives and risk tolerance, and consult an independent financial adviser before trading. This material is not financial advice. Past performance is not a reliable indicator of future performance; the value of a position can go down as well as up, and an option can expire worthless. You are solely responsible for your trading decisions and Gravitas is not responsible for any losses you may incur. See our Terms of Use. Prices and market data on this page come from third-party sources (Bybit, CoinGecko, the European Central Bank and Google News), are presented as is for information only, and may be delayed. Links to third-party sites are not under Gravitas's control. Terms of Use.
